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ATAS/925/2004 • CJ GE ATAS/925/2004 Généré par l'IA

Contract Breach and Timeliness of Accounting Claim in Fiduciary Relationship

Numéro de cause ATAS/925/2004
Autorité / Tribunal
Juridiction Suisse · Canton de Genève (CH-GE)
Date de la décision
Issue du litige Admis (Allowed)
Frais judiciaires à la charge de l'autorité
Ouvrir la source officielle Miroir Entscheidsuche Version Markdown lisible par machine (.md)

Synthèse Legislator

Généré par l'IA

A party sued an organization for breach of contract and asserted a claim for an accounting based on a written agreement granting the party an exclusive right to exploit a resource in exchange for fixed payments and a share of the net profits, with the defense asserting that the claim for accounting was time-barred under the applicable statute of limitations because the party was aware of the relevant transactions, which was refuted because the claim for an accounting arises from a fiduciary relationship, which tolls the statute of limitations until the fiduciary duty is repudiated or there is an open disavowal of the relationship, and since the organization did not provide a clear renunciation of its fiduciary obligations, the court held that the cause of action for accounting accrued at the time of the final accounting, not when the initial breach or transaction occurred, thereby affirming the lower court's finding that the claim was timely filed.

Regeste Legislator

Généré par l'IA

Art. 66 al. 1 LTF; Contract Breach and Timeliness of Accounting Claim in Fiduciary Relationship: A party sued an organization for breach of contract and asserted a claim for an accounting based on a written agreement granting the party an exclusive right to exploit a resource in exchange for fixed payments and a share of the net profits, with the defense asserting that the claim for accounting was time-barred under the applicable statute of limitations because the party was aware of the relevant transactions, which was refuted because the claim for an accounting arises from a fiduciary relationship, which tolls the statute of limitations until the fiduciary duty is repudiated or there is an open disavowal of the relationship, and since the organization did not provide a clear renunciation of its fiduciary obligations, the court held that the cause of action for accounting accrued at the time of the final accounting, not when the initial breach or transaction occurred, thereby affirming the lower court's finding that the claim was timely filed.

Mots-clés

Généré par l'IA
contrat fiduciaire manquement au devoir délai de prescription droit au gain cause de la demande dommages-intérêts contractuels

Dispositions légales citées

Généré par l'IA
Art. 66 al. 1 LTF
Cited in the dispositive regarding the distribution of court costs.
Généré par l'IA
A/2922/2006
Statute of Limitations for Breach of Fiduciary Duty Accrual Upon Transaction Date
A/964/2006
Contractual Waiver and Statute of Limitations in Breach of Fiduciary Duty Case
A/1618/2002
Fiduciary Duty and Contractual Breach Dispute
A/1533/2001
Contract Breach and Accounting Dispute Judgment
A/3528/2006
Statute of Limitations on Accounting Agreement Claim

Questions juridiques clés extraites par Legislator

Généré par l'IA
Art. 66 al. 1 LTF

Cited in the dispositive regarding the distribution of court costs.

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